7:05 am Duke Energy beats by $0.13, misses on revs; rauses FY14 EPS in-line (DUK) : Reports Q2 (Jun) earnings of $1.11 per share, excluding non-recurring items, $0.13 better than the Capital IQ Consensus Estimate of $0.98; revenues rose 1.2% year/year to $5.95 bln vs the $6.13 bln consensus.
•Co issues raised guidance for FY14, sees EPS of $4.50-4.65 from $4.45-4.60 vs. $4.57 Capital IQ Consensus Estimate.
•"Our strong second quarter performance and continued focus on operational excellence leaves us well-positioned to meet our financial objectives in 2014 and beyond. We are committed to maintaining affordable customer rates and to supporting the strength of our local communities, as evidenced by our recent agreement with the North Carolina Eastern Municipal Power Agency."
